Public Financial Management Reforms in Botswana: A Review of Literature

Abstract

The public financial management (PFM) changes in Botswana's public sector finance are thoroughly reviewed in this journal article. The study examines the goals, tactics, and effects of PFM reforms in budgeting, accounting, and procurement using a literature review methodology. The report examines the effects of PFM changes on budgetary management and discusses current problems and implementation concerns. The results show that PFM changes have enhanced budgetary control, expenditure management, financial accountability, and transparency. The study places a strong emphasis on the necessity of ongoing governmental commitment, stakeholder involvement, and alignment with sustainable development goals. The article concludes with policy recommendations and calls for additional study in particular areas to deepen our understanding of Botswana's PFM reforms.